Sold

416-418 Carleton Avenue, Hazleton

Hazleton, PA, 18201 · MLS #24-5219
$350,000
Sold January 2025
416-418 Carleton Avenue, Hazleton in Hazleton
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Approximate location · View larger map
4
Units
3,116
Building SF
1930
Year Built
$112
Per Sq Ft
Last List Price
$359,000
Sold For
$350,000
Against Asking
Sold 2.5% below asking

Thinking about selling in Hazleton? Find out what your home is worth, based on recent sales like this one.

About This Property

Discover a Prime Investment Opportunity in the Heart of Hazleton! This beautifully updated fourplex apartment is a rare gem situated in a charming neighborhood. Each unit boasts a thoughtful layout, ensuring your tenants will feel right at home and never want to leave. With 4 tenants already in place, this property is well-maintained and ready to generate revenue from day one. Recent enhancements include a new roof (2022) and deck railings for each unit, significantly boosting curb appeal. The complex features three two-bedroom units and one spacious three bedroom, this unit spreads across two floors, providing comfortable living spaces for all tenants. Each unit is equipped with essential appliances, including refrigerators and washer/dryers, and the property benefits from four separate electric meters, allowing tenants to pay their own utilities. This four-unit boasts a strong monthly income of $4,120, totaling a gross annual income of $49,440, this investment promises an impressive return. Detailed information is available upon request. Conveniently located, it's just a short drive to hospitals and local amenities, enhancing its appeal for residents. Don't miss your chance to own this exceptional property! Opportunities like this are rare, so schedule your showing today and secure your future in real estate!

This property has sold and is no longer on the market. It sold for $350,000 in January 2025. Contact us for other recent sales nearby. Listed by One Valley Realty,LLC.

Property Details

The Property

Property Type
Residential Income
Sub-Type
Multi Family
Style
3 or More Units
Condition
Good

Interior

Basement
Concrete
Interior Features
Drywall
Included
Refrigerator, washer and dryer in all units

Systems

Heating
Natural Gas, Hot Water
Water
Public
Sewer
Public Sewer

Exterior & Lot

Exterior
Aluminum Siding
Roof
Composition
Outdoor
Deck, Porch
Garage
Detached
Lot Dimensions
2614

Location

County
Luzerne County
School District
Hazleton
Zoning
Apartment Residential

Costs & Listing

2021 Taxes
$3,135
Gross Income
$49,440
Net Operating Income
$34,147
Cap Rate
9.51%
MLS #
24-5219
Listed By
One Valley Realty,LLC

Sale History at This Address

  1. January 2025  ·  this sale$350,000
  2. April 2022  ·  MLS #21-5952$205,000

Between April 2022 and January 2025 the sale price for this address rose $145,000 (70.7%). Prices are as reported at closing.

What’s Your Hazleton Home Worth?

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